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What’s in a star-rating? Star ratings are assigned on a scale of zero-to-five stars(5-stars be the strongest) and are based on the current financial picture of the credit union or bank.
Why is it important to know your financial institution’s star rating? Despite the current housing market situation, the financial industry as a whole is in good condition, but there are some institutions that are not so stellar. With so many strong institutions to choose from, nobody should settle for less.

The USA Patroit Act requires credit unions to take extra security precautions to help the government fight the funding of terrorism and money laundering activities. Federal law requires all financial institutions to obtain, verify, and record information that identifies each person who opens an account. These procedures are designed to prevent crimes such as identity theft and account fraud that terrorists commit to finance their operations against the U. S. and its citizens.